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...But Spotify said at the time that Apple’s compliance was a “complete and total farce”....
...(FTAV)— The ludicrous Spotify nationalisation proposal (FTAV)...
...Spotify has been turning the screw on customers with price rises, while cutting expenses and laying off thousands of staff. Shares in Spotify rose 8.4 per cent in premarket trading....
...Shares in Spotify ended the day up more than 11 per cent. I’m joined now by the FT’s Anna Nicolaou. Hi, Anna. Anna NicolaouHi, there. Sonja HutsonSo why is Spotify doing so well?...
...“It is really a new Spotify you’re seeing, where we are being relentlessly resourceful in all of our costs.” Shares in Spotify were up 11.4 per cent on Tuesday....
...Tesla reported a 9 per cent decline in first-quarter revenue, Spotify kicked off a more mature era for its business after years of freer spending, and the US Federal Trade Commission banned non-compete clauses...
...Rogan’s is one of the most popular podcasts on Spotify, and one of its last exclusive ones....
...Spotify’s gross margin of 26.7 per cent remains some way off its long-term target of 30 to 35 per cent. Spotify can raise prices further....
...Spotify swung back to a loss in the fourth quarter of 2023, as a move into audiobooks and severance payments related to sweeping lay-offs boosted expenses....
...In a memo to staff on Monday, chief executive Daniel Ek said that Spotify would cut about 17 per cent of its global workforce. Spotify employs more than 9,000 people worldwide....
...Spotify is 18 years old, provides the soundtrack to our lives and is still not profitable. Have a great week, Helen ThomasHead of Lex...
...It has been a chaotic couple of weeks at Spotify....
...Meta, X, Apple and Spotify did not immediately respond....
...Spotify and other streaming services pay “the industry” billions of dollars a year in royalties....
...Spotify shares jumped 8 per cent in morning trade in New York....
...Operating expenses were down 13 per cent from the same period a year ago, when Spotify lost €166mn....
...We are grateful for reviews on Apple and Spotify. And please share this episode with your friends!...
...Spotify plans to roll out the programme in the US this winter....
...Yet it seems likely that Spotify will have to pay publishers for the content. The end ambition, for Spotify, must be to increase subscribers first and then monetise them later....
...This week, we’re discussing Taylor Swift’s new album 'The Tortured Poets Department', which is already the most-streamed debut in Spotify history....
...It added that Spotify paid Apple zero per cent commission on sales of subscriptions....
...Ecosystem with Half a Billion Dollars (AI Panic) — “optimism bias is partly a consequence of low cognition” (Sage Journals) — Exposing violent watch thieves and their young female ‘spotters’ (BBC) — Spotify...
...The EU has launched an antitrust case against Apple after Spotify made a complaint against it in 2019....
.../track/6aZvn2GoPxfjGrbVNOG4ly – Ruth Slenczynska’s rendition of Chopin’s Fantasie in F Minor, Opus 49: https://open.spotify.com/track/1HymJjBUGylCrHMxc9kPX9 Special FT subscription offers for Life and...
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